November 22, 2010
With ITunes Allowances you can let your children manage their own iTunes Store purchases within a budget you control, and without giving them your credit card. To set up an allowance (from $10 to $50 a month), use the Buy iTunes Gifts link in the Quick Links section on the right side of the iTunes Store. Scroll down to the Allowances section (the piggy bank marks the spot), click "Set up an allowance now," and fill in the information requested. If the intended allowance recipient doesn't already have an Apple ID, you can create one for them with their email address. You can set the allowance to begin immediately or on the first of the coming month. Amounts not spent in one month roll over into the next, and you can close the account at any time, withdrawing any funds currently in it.